Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Mike 2.0 who wrote (13504)	12/29/1999 2:04:00 PM
From: DownSouth	Respond to of 54805

I would not try to time QCOM. Its behavior after split may surprise you. There are many sitting on the side line waiting to buy "after the price comes down due to the split". If that is the case, post split will result in at least equal up pressure and down. Play it like you see it, but my buying of QCOM has been to buy it when I decide to buy it and not try to time it. All my own opinions, of course, but you already knew that!

To: Mike 2.0 who wrote (13504)	12/29/1999 2:09:00 PM
From: Uncle Frank	Read Replies (2) \| Respond to of 54805

>> Do you agree that the next best entry point into QCOM for a capital-constrained GG wannabe investor like myself would be post split? Welcome, Mike. I'm glad you've read the fm and come prepared to understand our jargon, but think some supplemental reading may be in order. I'd suggest you start with post #1. The reason I say this is the question, "is now a good time to buy" is a dead give away that you don't understand the nature of the game yet. It's never a bad time to buy a Gorilla. You can't time them, EVER; they'll make you look silly if you try (as Lindy Bill and I have proved on several occasions <g>). They are always undervalued. I do hope you'll take the time to read the thread, Mike. uf

To: Mike 2.0 who wrote (13504)	12/29/1999 5:38:00 PM
From: Seeker of Truth	Read Replies (2) \| Respond to of 54805

Maybe this answers your question. On Dec. 22, two nice people took me out to a fine lunch. I advised them to buy QCOM immediately. They said thanks for the Xmas present of a good tip but I could tell that they thought close to 500 was too much to pay for a stock; it was way too expensive for their budget(???!!!). I was firm and eloquent but I doubt if they bought it and I don't want to embarrass them by asking them. But I think this unfortunately is a representative outlook, very typical of many people, not all of them low IQ either. My conclusion is that buying presplit is better because the "reduction" in price is tremendous so a lot more people will jump in. A split that converts a $70 stock into two shares for $35 is not as dramatic.